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Absolute Project India IPO IPO

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Open
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Allotment
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Listing
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Issue Size
2,00,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets321.60285.85201.31139.48
Total Income138.29312.12251.07141.68
Profit After Tax9.3721.0014.652.90
EBITDA14.2728.9820.726.09
NET Worth124.70103.2956.7341.90
Reserves and Surplus116.1895.0049.4034.73
Total Borrowing100.8788.6330.9623.52
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Annu Projects Ltd.Mainboard₹175.06 Cr₹9914.33₹75.60-23.64%₹58.35
Technocraft Ventures Ltd.Mainboard₹251.88 Cr₹21214.73₹311.15+46.77%₹442.30
Om Power Transmission Ltd.Mainboard₹150.06 Cr₹17521.13₹193.38+10.50%₹171.54
Solarworld Energy Solutions Ltd.Mainboard₹490.00 Cr₹35133.77₹323.50-7.83%₹141.48
GK Energy Ltd.Mainboard₹464.26 Cr₹15320.29₹167.74+9.63%₹127.85
Paluck Technologies Ltd.SME₹33.00 Cr₹486.95₹49.14+2.38%₹47.67
Oneindig Technologies Ltd.SME₹27.65 Cr₹9618.53₹126.00+31.25%₹134.30
Leapfrog Engineering Services Ltd.SME₹88.51 Cr₹2315.19₹23.10+0.43%₹21.51
Safety Controls & Devices Ltd.SME₹48.00 Cr₹8012.3₹78.99-1.26%₹68.95
Srinibas Pradhan Constructions Ltd.SME₹20.32 Cr₹989.15₹104.40+6.53%₹155.00
GRE Renew Enertech Ltd.SME₹39.56 Cr₹10515.72₹91.20-13.14%₹185.00
E to E Transportation Infrastructure Ltd.SME₹84.22 Cr₹17415.44₹327.80+88.39%₹351.85
Valplast Technologies Ltd.SME₹28.09 Cr₹5412.75₹58.63+8.57%₹36.50
Chiraharit Ltd.SME₹31.07 Cr₹2113.95₹15.96-24.00%₹10.40
Telge Projects Ltd.SME₹27.24 Cr₹10514.04₹110.45+5.19%₹215.65

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure towards procurement of; (i) plant and machinery for modernization of Manufacturing Facility I; (ii) procurement of plant and machinery for commencement of operations at Manufacturing Facility II; and (iii) certain equipment and machineries required for execution of Power EPC Projects40.66
2Repayment or pre-payment, in part or full of certain borrowings availed by the Company49.11
3Funding of working capital requirement of the Company40.00
4General Corporate Purposes
Total129.77

About Absolute Project India IPO

Updated on Jul 20, 2026

Contact Details

Absolute Project (India) Ltd. Address4222/1 Laxmi Kunj1st floor, Ansari Road,, D GanjNew Delhi, New Delhi, 110002+91 93559 82822cs@apil-online.comVisit Website